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Note 2 - Basis of Presentation
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Business Description and Basis of Presentation [Text Block]
2.
             Basis of Presentation
 
The accompanying unaudited condensed consolidated financial statements and related notes have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and in accordance with accounting principles generally accepted in the United States (“US GAAP”). The financial statements include the accounts of Anika Therapeutics, Inc. and its subsidiaries. Inter-company transactions and balances have been eliminated. The year-end consolidated balance sheet is derived from the Company’s audited financial statements, but does not include all disclosures required by US GAAP. In the opinion of management, these unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary to fairly state the condensed consolidated financial position of the Company as of
March
31,
2017,
the results of its operations for the
three
-month periods ended
March
31,
2017
and
2016,
and cash flows for the
three
-month periods ended
March
31,
2017
and
2016.
 
The accompanying unaudited condensed consolidated financial statements and related notes should be read in conjunction with the Company’s annual financial statements filed with its Annual Report on Form 
10
-K for the year ended
December
31,
2016.
The results of operations for the
three
-month period ended
March
31,
2017
are not necessarily indicative of the results to be expected for the year ending
December
 
31,
2017.
Certain prior period amounts have been reclassified to conform to the current period presentation. This change in classification does not materially affect previously reported cash flows from operations or from financing activities in the Condensed Consolidated Statement of Cash Flows, and had no effect on the previously reported Condensed Consolidated Statement of Operations and Comprehensive Income.